JLL is excited to exclusively offer for sale Melbournes premier infill development site with an abundance of development possibilities. Located 22km* South East of the Melbourne CBD, 8-12 Lionel Road represents a unique opportunity to acquire one of the last remaining significant land allotments within Melbournes inner Eastern location. The site sits amongst unrivalled connectivity including Forster, Blackburn and Ferntree Gully Road as well as being moments from the Monash Freeway and Princes Highway. Key features of the offering include: + Site area: 11,776sqm*+ Building area: 3,276sqm*+ Owner-occupy or develop + Special Use Zone 6 (SUZ6) + Sits moments from the demographic centre of Melbourne + Large surrounding residential catchment of white- and blue-collar workforce + Three (3) cross over points + Regular shaped development envelop+ Deferred settlement of up to 12 months available+ Situated within the Monash Employment Cluster (MEC) + Surrounded by significant infrastructure developments including the Suburban Rail Loop (SRL) This property is offered for sale via Expressions of Interest closing Tuesday 4th of June at 3pm (AEST) Please contact your exclusive JLL selling agents below for further information.*Approx.
The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2016 was 33611 people. By 2021 the population was 35340 showing a population growth of 5.1% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation.In 2021, 73.40% of the homes in Mount Waverley were owner-occupied compared with 74.20% in 2016.
Mount Waverley has 17,900 properties. Over the last 5 years, Houses in Mount Waverley have seen a 10.11% increase in median value, while Units have seen a 14.14% increase. As at 30 April 2026:
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